28837 Underwood Road, Salinas, California 93908, Salinas, 93908 - 4 bed, 3 bath
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Salinas, California 93908
Analysis of 28837 Underwood Road, Salinas, California 93908 is currently available with a list price of $2,495,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Salinas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Although built in 1995 (29 years old), the property is in well-maintained, move-in ready condition with significant high-end system upgrades. The inclusion of a solar system with dual Tesla battery backups, Anderson windows, and a tankless water heater indicates recent capital improvements. While the kitchen cabinetry and bathroom styles appear dated to the original build era, the overall maintenance and functional quality of the two residences and equestrian facilities elevate it above the 'Fair' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 541849, living area = 3059.
The 12-acre estate is a turnkey horse property featuring a 6-stall barn with a tack room, round pen, arena area, and direct access to trails and pastures.
The property includes two full homes—a 3,059 sq. ft. main residence and a 1,187 sq. ft. second home—each with its own 3-car garage, ideal for multi-generational living or rental income.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =541849, other record lot size in square feet = 527786. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3059, other record living area = 3200. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The scale of the 12-acre grounds, dual residences, and large 30x50 pool facility requires significant ongoing labor and financial investment for upkeep.
While offering privacy and tranquility, the property's country location may result in longer travel times to major shopping centers, services, and urban employment hubs.
Country living at its best! Tucked away in Steinbecks Pastures of Heaven, a short drive through Corral de Tierra featuring rolling hills dotted w/heritage oaks, historic ranch lands & newer equestrian estates! Expectations are met when you roll up & survey the views of pastures & folding hills which sets the stage for this majestic 12-acre equestrian estate. A 6 stall barn w/tack room, runs, round pen, an arena area, trails & pastures welcome your horses home! Extra features include a tractor barn & fenced large garden, a stunning 20 X 40 swimming pool, an in-ground spa. TWO residences, each with 3-car garage, beautiful finishes, spacious rooms & quality amenities. The elegant main home has 3,059 sq. ft. 4 bedrooms, an office, 3 bathrooms & central forced air heating/air conditioning, two fireplaces, an outdoor BBQ area and fire pit. Energy efficient, w/Anderson windows & a solar system w/two Tesla battery backups & a large shop. The second gem of a home is a 1,187sq. ft. two bed/ full bath w/ a spacious open living room/dining & kitchen, great appliances, tankless water heater. A great well produces plenty of water for all. Outstanding opportunity for multi-generational living, homesteading & an outdoor lifestyle that offers both tranquility & adventure!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,059 | 2,408.5 | 83% |
| Lot Size | 541,849 | 32,855 | 96% |
| Price | $2.50M | $1.22M | 92% |
| Price per sq ft | $816 | $537 | 96% |
| Built year | 1995 | 1988 | 73% |
| HOA | $0 | $122 | 40% |
| Days on market | 37 | 144 | 2% |
Apr 30, 2026
$2,495,000
Initial Listing